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Property Description
OPEN HOUSE this Saturday (5/7) & Sunday (5/8) 1-3PM! Stately Waterfront sited on a 1.22-acres, with approximately 145ft of water frontage and an in-ground swimming pool! Welcome to 321 S. Lake Drive, a distinguished brick Colonial combines timeless elegance with the natural beauty of Eastern Shore living. Great investment opportunity as this home offers outstanding income potential as a short-term rental, perfectly suited for Airbnb or VRBO. This beautifully maintained 4-bedroom, 2.5-bath home boasting almost 3,000 square feet of finished living space has been recently updated with fresh interior paint and multiple upgrades, giving it a bright and refreshed feel throughout. Potential plans allow for spacious first-floor bedroom and bathroom suite 16X30 (up to 480 sq ft.) offers flexibility for future expansion. Nestled on a picturesque lot with serene water views, this property is perfect for those seeking both privacy and fun. The spacious backyard features a stunning in-ground pool, ideal for summer entertaining or quiet relaxation by the water. The property is a haven for nature lovers, where you can regularly spot blue herons, ospreys, and other local wildlife in their natural habitat. Inside, the home boasts an open layout with generously sized living spaces, new LVP floors, and an abundance of natural light. Whether you're hosting guests or enjoying a quiet evening at home, this property provides the perfect backdrop for every lifestyle. Owner improvements include New Paint, New LVP flooring, New kitchen quartz countertops, stainless steel sink & hardware, New Upper Level Carpet, Updated bathrooms, New lighting and ceiling fans, New hardware throughout, New complete home HVAC system replacement 2021, New pool pump 2024 and much more! Expansive attic offers abundant storage space with exciting potential for conversion into an additional living area or bonus level. Don't miss this opportunity to enjoy waterfront living in sought-after water-access community with amazing beaches, conveniently located close to the Bay Bridge, shops, and restaurants.
Full Property Details
Full Property Details for 321 S Lake Dr
General
- Sold For: $1,025,000
- HOA FEE: $13/month
- HOA FEE FREQ.: Annually
- Taxes: $6,110 (2024)
- Status: Closed
- Type: Single Family
- Source: BrightMLSMidAtlantic
- MLS ID: MDQA2013184
- Added to Site: 260 day(s) ago
Interior
- Fireplace: Yes
- Number of Fireplaces: 1
- Flooring: Wood, Carpet
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
- Upper Floor Baths: 3
- Upper - Full Baths: 3
- Main Floor Baths: 1
- Main - 1/2 Baths: 1
Bedrooms
- Total Bedrooms: 4
- Bedrooms Upper: 4
Additional Information
- Shared Amenities: Boat Ramp, Picnic Area, Tot Lots/Playground
- Pool: Yes
- Private Pool: Yes
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 10
- Parking Type: Attached Garage, Driveway
- Garage Description: Additional Storage Area, Garage - Side Entry, Inside Access
Location
- County: Queen Annes
- Development Name: Tower Gardens
- Subdivision: Tower Gardens
- Driving Directions: FOLLOW GPS.
School Information
- School District: Queen Anne's County Public Schools
Community
- Association: Yes
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Heat Pump(s)
- Heating Fuel: Propane - Owned
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Well
Structural Information
- Architectural Info: Colonial
- Architectural Style: Colonial
- Structure Type: Detached
- Construction: Brick, Vinyl Siding
- Foundation: Other
- Roof: Shingle
- Stories/Levels: 0
- Stories Description: Main, Upper 1
- Square Feet: 2,932
- Sq. Ft. Source: Estimated
- Living Area: 2,932 Sq. Ft.
- Year Built: 1995
- Year Built Source: Assessor
- Property Condition: Excellent
Lot Features
- Lot Size (Acres): 1.22
- Lot Size (Sq. Ft.): 53,143
- Lot Size Source: Assessor
- Zoning: NC-1
Water Features
- Water Front: Yes
- Water Access: Yes
- Water Access Desc: Canoe/Kayak, Fishing Allowed, Private Access
- Water Front Type: Lake
Financial Considerations
- Price Per Sq. Ft.: $407.57
- Association Fee: $150
- Assoc Fee Freq.: Annually
- Assessment Year: 2025
- County Tax: $6,110
- County Tax Freq: Annually
- Tax w/Assessment: $696,233
- Tax Amount: $6,110
- Tax Year: 2024
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 2323
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 9
Get Pre-Approved Today
Schools
Schools serving 321 S Lake Dr
School District:Queen Annes County Public Schools
| Name | Grades | Distance |
|---|---|---|
Matapeake Elementary School 651 Romancoke Road, Stevensville, MD 21666 | PK-5 | 6.5 mi |
Matapeake Middle School 671 Romancoke Road, Stevensville, MD 21666 | 6-8 | 6.4 mi |
Kent Island High School 900 Love Point Road, Stevensville, MD 21666 | 9-12 | 8.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 321 S Lake Dr
Date
Details
Price
Change
Source
7/15/2025
Sold
$1,025,000
-14.23%
MLS
5/02/2025
Listed
$1,195,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
321 S Lake Drive, Stevensville, MD 21666 (MLS# MDQA2013184) is a Single Family property that was sold at $1,025,000 on July 15, 2025. This property was listed by Joanna Dalton from our Annapolis Church Circle Office.Want to learn more about 321 S Lake Drive? Do you have questions about finding other Single Family real estate for sale in Stevensville? You can browse all Stevensville real estate or contact a Coldwell Banker agent to request more information.


